California State Teachers Retirement System Has $4.23 Billion Stake in Dollar Tree, Inc. $DLTR

California State Teachers Retirement System lifted its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 13,223.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,952,131 shares of the company’s stock after purchasing an additional 34,689,793 shares during the period. California State Teachers Retirement System owned 0.18% of Dollar Tree worth $4,227,460,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Dollar Tree in the 2nd quarter valued at $2,643,741,000. Pzena Investment Management LLC bought a new position in Dollar Tree during the 2nd quarter worth $1,176,661,000. State Street Corp lifted its holdings in shares of Dollar Tree by 3.5% during the third quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after buying an additional 319,938 shares in the last quarter. Primecap Management Co. CA bought a new stake in shares of Dollar Tree in the second quarter valued at about $455,845,000. Finally, Alliancebernstein L.P. grew its stake in shares of Dollar Tree by 176.9% in the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock valued at $371,026,000 after acquiring an additional 2,393,172 shares in the last quarter. 97.40% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dollar Tree

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $126.01, for a total transaction of $315,025.00. Following the completion of the sale, the insider directly owned 24,820 shares in the company, valued at $3,127,568.20. This represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $131.47, for a total value of $155,791.95. Following the completion of the sale, the director directly owned 4,089 shares in the company, valued at approximately $537,580.83. This represents a 22.47% decrease in their position. The SEC filing for this sale provides additional information. 7.10% of the stock is owned by corporate insiders.

Dollar Tree Price Performance

DLTR stock opened at $118.39 on Thursday. The company’s 50-day moving average price is $127.49 and its two-hundred day moving average price is $114.74. The firm has a market cap of $22.21 billion, a P/E ratio of 14.46, a P/E/G ratio of 1.16 and a beta of 0.66. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 0.86. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $1.55. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.77 EPS. Dollar Tree has set its Q3 2026 guidance at 0.800-0.950 EPS and its FY 2026 guidance at 7.700-8.050 EPS. On average, analysts anticipate that Dollar Tree, Inc. will post 7.84 earnings per share for the current fiscal year.

Dollar Tree declared that its board has initiated a share buyback plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the company to reacquire up to 10.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of equities analysts recently commented on DLTR shares. BMO Capital Markets reaffirmed a “market perform” rating and set a $135.00 price target on shares of Dollar Tree in a research report on Friday, August 28th. UBS Group boosted their price objective on shares of Dollar Tree from $145.00 to $150.00 and gave the company a “buy” rating in a report on Friday, August 28th. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Freedom Capital cut Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Finally, Weiss Ratings upgraded Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 28th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Dollar Tree has a consensus rating of “Hold” and an average price target of $131.68.

About Dollar Tree

Dollar Tree, Inc operates discount variety stores under the Dollar Tree brand. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, seasonal items, toys, health and personal-care products, and other general merchandise. Product assortments may include both nationally recognized brands and private-label goods.

The company traces its origins to discount retail operations established in the 1950s and adopted the Dollar Tree name in the early 1990s.